Go Pro

Progress Software (PRGS) Competitors

Progress Software logo
$44.76 -0.46 (-1.02%)
As of 08/28/2026 04:00 PM Eastern

PRGS vs. DLB, QLYS, NTSK, CVLT, and VRNS

Should you buy Progress Software stock or one of its competitors? Progress Software's main competitors and comparable companies include Dolby Laboratories (DLB), Qualys (QLYS), Netskope (NTSK), CommVault Systems (CVLT), and Varonis Systems (VRNS). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "systems software" industry.

How does Progress Software compare to Dolby Laboratories?

Dolby Laboratories (NYSE:DLB) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, risk, analyst recommendations, profitability, valuation, dividends, institutional ownership and media sentiment.

Dolby Laboratories has higher revenue and earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Dolby Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dolby Laboratories$1.35B4.27$255.02M$2.3526.17
Progress Software$977.83M1.88$73.13M$2.0621.73

58.6% of Dolby Laboratories shares are owned by institutional investors. 37.9% of Dolby Laboratories shares are owned by insiders. Comparatively, 4.1% of Progress Software shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Dolby Laboratories currently has a consensus target price of $83.00, suggesting a potential upside of 34.94%. Progress Software has a consensus target price of $52.17, suggesting a potential upside of 16.55%. Given Dolby Laboratories' higher possible upside, equities analysts plainly believe Dolby Laboratories is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dolby Laboratories
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Dolby Laboratories has a beta of 0.8, suggesting that its share price is 20% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.8, suggesting that its share price is 20% less volatile than the broader market.

In the previous week, Dolby Laboratories had 17 more articles in the media than Progress Software. MarketBeat recorded 24 mentions for Dolby Laboratories and 7 mentions for Progress Software. Progress Software's average media sentiment score of 1.44 beat Dolby Laboratories' score of 0.38 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dolby Laboratories
6 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Progress Software
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Dolby Laboratories has a net margin of 16.70% compared to Progress Software's net margin of 8.87%. Progress Software's return on equity of 43.07% beat Dolby Laboratories' return on equity.

Company Net Margins Return on Equity Return on Assets
Dolby Laboratories16.70% 11.08% 9.04%
Progress Software 8.87%43.07%8.78%

Summary

Dolby Laboratories beats Progress Software on 11 of the 15 factors compared between the two stocks.

How does Progress Software compare to Qualys?

Progress Software (NASDAQ:PRGS) and Qualys (NASDAQ:QLYS) are both technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, earnings, valuation, risk and media sentiment.

Progress Software currently has a consensus price target of $52.17, suggesting a potential upside of 16.55%. Qualys has a consensus price target of $170.53, suggesting a potential downside of 8.83%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly believe Progress Software is more favorable than Qualys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
Qualys
1 Sell rating(s)
11 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
2.35

In the previous week, Qualys had 7 more articles in the media than Progress Software. MarketBeat recorded 14 mentions for Qualys and 7 mentions for Progress Software. Qualys' average media sentiment score of 1.60 beat Progress Software's score of 1.44 indicating that Qualys is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Qualys
13 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Qualys has lower revenue, but higher earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Qualys, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$977.83M1.88$73.13M$2.0621.73
Qualys$702.98M9.21$198.32M$5.7832.36

Qualys has a net margin of 29.38% compared to Progress Software's net margin of 8.87%. Progress Software's return on equity of 43.07% beat Qualys' return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software8.87% 43.07% 8.78%
Qualys 29.38%37.52%19.41%

Progress Software has a beta of 0.8, indicating that its share price is 20% less volatile than the broader market. Comparatively, Qualys has a beta of 0.6, indicating that its share price is 40% less volatile than the broader market.

99.3% of Qualys shares are held by institutional investors. 4.1% of Progress Software shares are held by insiders. Comparatively, 0.7% of Qualys shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Qualys beats Progress Software on 10 of the 17 factors compared between the two stocks.

How does Progress Software compare to Netskope?

Netskope (NASDAQ:NTSK) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, media sentiment, dividends, profitability and analyst recommendations.

Progress Software has higher revenue and earnings than Netskope. Netskope is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Netskope$709M8.60-$679.39M-$0.20N/A
Progress Software$977.83M1.88$73.13M$2.0621.73

Progress Software has a net margin of 8.87% compared to Netskope's net margin of 0.00%. Progress Software's return on equity of 43.07% beat Netskope's return on equity.

Company Net Margins Return on Equity Return on Assets
NetskopeN/A N/A N/A
Progress Software 8.87%43.07%8.78%

Netskope presently has a consensus price target of $17.71, indicating a potential upside of 17.37%. Progress Software has a consensus price target of $52.17, indicating a potential upside of 16.55%. Given Netskope's stronger consensus rating and higher probable upside, research analysts clearly believe Netskope is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Netskope
1 Sell rating(s)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.80
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

In the previous week, Progress Software had 1 more articles in the media than Netskope. MarketBeat recorded 7 mentions for Progress Software and 6 mentions for Netskope. Progress Software's average media sentiment score of 1.44 beat Netskope's score of 0.91 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Netskope
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Progress Software beats Netskope on 8 of the 13 factors compared between the two stocks.

How does Progress Software compare to CommVault Systems?

CommVault Systems (NASDAQ:CVLT) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their media sentiment, valuation, analyst recommendations, profitability, risk, earnings, dividends and institutional ownership.

Progress Software has lower revenue, but higher earnings than CommVault Systems. Progress Software is trading at a lower price-to-earnings ratio than CommVault Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CommVault Systems$1.18B4.78$70.66M$1.5786.88
Progress Software$977.83M1.88$73.13M$2.0621.73

In the previous week, CommVault Systems had 3 more articles in the media than Progress Software. MarketBeat recorded 10 mentions for CommVault Systems and 7 mentions for Progress Software. Progress Software's average media sentiment score of 1.44 beat CommVault Systems' score of 1.23 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CommVault Systems
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CommVault Systems currently has a consensus price target of $152.47, suggesting a potential upside of 11.78%. Progress Software has a consensus price target of $52.17, suggesting a potential upside of 16.55%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly believe Progress Software is more favorable than CommVault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CommVault Systems
0 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.55
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Progress Software has a net margin of 8.87% compared to CommVault Systems' net margin of 5.62%. CommVault Systems' return on equity of 88.75% beat Progress Software's return on equity.

Company Net Margins Return on Equity Return on Assets
CommVault Systems5.62% 88.75% 5.59%
Progress Software 8.87%43.07%8.78%

CommVault Systems has a beta of 0.81, meaning that its share price is 19% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.8, meaning that its share price is 20% less volatile than the broader market.

93.5% of CommVault Systems shares are owned by institutional investors. 0.9% of CommVault Systems shares are owned by company insiders. Comparatively, 4.1% of Progress Software shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

CommVault Systems beats Progress Software on 9 of the 17 factors compared between the two stocks.

How does Progress Software compare to Varonis Systems?

Varonis Systems (NASDAQ:VRNS) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, media sentiment, earnings, risk and dividends.

In the previous week, Varonis Systems had 6 more articles in the media than Progress Software. MarketBeat recorded 13 mentions for Varonis Systems and 7 mentions for Progress Software. Progress Software's average media sentiment score of 1.44 beat Varonis Systems' score of 1.34 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Varonis Systems
9 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

95.7% of Varonis Systems shares are held by institutional investors. 3.0% of Varonis Systems shares are held by insiders. Comparatively, 4.1% of Progress Software shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Progress Software has a net margin of 8.87% compared to Varonis Systems' net margin of -20.55%. Progress Software's return on equity of 43.07% beat Varonis Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Varonis Systems-20.55% -19.18% -5.97%
Progress Software 8.87%43.07%8.78%

Varonis Systems presently has a consensus target price of $49.05, suggesting a potential upside of 11.69%. Progress Software has a consensus target price of $52.17, suggesting a potential upside of 16.55%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly believe Progress Software is more favorable than Varonis Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Varonis Systems
1 Sell rating(s)
6 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.67
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Varonis Systems has a beta of 0.83, indicating that its stock price is 17% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.8, indicating that its stock price is 20% less volatile than the broader market.

Progress Software has higher revenue and earnings than Varonis Systems. Varonis Systems is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Varonis Systems$623.53M8.09-$129.32M-$1.23N/A
Progress Software$977.83M1.88$73.13M$2.0621.73

Summary

Progress Software beats Varonis Systems on 11 of the 16 factors compared between the two stocks.

Get Progress Software News Delivered to You Automatically

Sign up to receive the latest news and ratings for PRGS and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

PRGS vs. The Competition

MetricProgress SoftwareSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$1.84B$16.40B$29.71B$12.90B
Dividend YieldN/A3.41%2.74%11.28%
P/E Ratio21.73139.5775.7825.45
Price / Sales1.881,292.91589.5589.43
Price / Cash5.3449.2949.2953.00
Price / Book4.017.509.316.14
Net Income$73.13M$434.56M$678.22M$348.86M
7 Day Performance0.90%1.69%-0.07%-0.80%
1 Month Performance10.96%5.79%4.19%4.13%
1 Year Performance-3.31%5.34%187.24%15.17%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
3.6364 of 5 stars
$44.76
-1.0%
$52.17
+16.5%
-3.3%$1.84B$977.83M21.732,801
DLB
Dolby Laboratories
4.5225 of 5 stars
$66.27
+0.3%
$83.00
+25.2%
-14.2%$6.19B$1.35B28.202,051
QLYS
Qualys
2.1629 of 5 stars
$175.94
-1.4%
$170.53
-3.1%
+37.7%$6.17B$669.12M30.442,625
NTSK
Netskope
3.8636 of 5 stars
$13.50
-3.8%
$17.87
+32.4%
N/A$5.67B$709MN/A3,281
CVLT
CommVault Systems
2.6473 of 5 stars
$131.16
+0.0%
$152.47
+16.2%
-26.9%$5.43B$1.18B83.543,300

Related Companies and Tools


This page (NASDAQ:PRGS) was last updated on 8/30/2026 by MarketBeat.com Staff.
From Our Partners